Arora Ashish Sells 60,000 Shares of Cricut, Inc. (NASDAQ:CRCT) Stock

Posted by Geri Gentry on Feb 25th, 2025

Cricut, Inc. (NASDAQ:CRCT – Get Free Report) CEO Arora Ashish sold 60,000 shares of Cricut stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $5.59, for a total value of $335,400.00. Following the sale, the chief executive officer now directly owns 3,391,635 shares of the company’s stock, valued at approximately $18,959,239.65. This represents a 1.74 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Arora Ashish also recently made the following trade(s):

On Friday, February 21st, Arora Ashish sold 60,000 shares of Cricut stock. The stock was sold at an average price of $5.94, for a total value of $356,400.00.
On Wednesday, February 5th, Arora Ashish sold 21,250 shares of Cricut stock. The shares were sold at an average price of $5.66, for a total value of $120,275.00.
On Monday, February 3rd, Arora Ashish sold 21,250 shares of Cricut stock. The stock was sold at an average price of $5.27, for a total transaction of $111,987.50.
On Thursday, January 23rd, Arora Ashish sold 21,250 shares of Cricut stock. The shares were sold at an average price of $5.86, for a total transaction of $124,525.00.
On Tuesday, January 21st, Arora Ashish sold 21,250 shares of Cricut stock. The stock was sold at an average price of $5.75, for a total transaction of $122,187.50.
On Wednesday, January 8th, Arora Ashish sold 21,250 shares of Cricut stock. The shares were sold at an average price of $5.63, for a total transaction of $119,637.50.
On Monday, January 6th, Arora Ashish sold 21,250 shares of Cricut stock. The stock was sold at an average price of $5.93, for a total value of $126,012.50.
On Friday, December 20th, Arora Ashish sold 21,250 shares of Cricut stock. The stock was sold at an average price of $5.94, for a total value of $126,225.00.
On Wednesday, December 18th, Arora Ashish sold 21,250 shares of Cricut stock. The shares were sold at an average price of $6.31, for a total value of $134,087.50.
On Wednesday, December 11th, Arora Ashish sold 21,250 shares of Cricut stock. The stock was sold at an average price of $6.00, for a total value of $127,500.00.

Cricut Stock Up 0.2 %

Shares of NASDAQ:CRCT traded up $0.01 during trading on Tuesday, reaching $5.64. 343,585 shares of the company’s stock traded hands, compared to its average volume of 270,091. Cricut, Inc. has a fifty-two week low of $4.43 and a fifty-two week high of $8.40. The company has a 50-day simple moving average of $5.75 and a 200-day simple moving average of $5.93. The firm has a market cap of $1.21 billion, a PE ratio of 20.14 and a beta of -0.02.

Analyst Ratings Changes

Separately, The Goldman Sachs Group cut their target price on shares of Cricut from $6.50 to $5.75 and set a “neutral” rating for the company in a report on Wednesday, November 6th.

View Our Latest Stock Report on CRCT

Hedge Funds Weigh In On Cricut

A number of hedge funds have recently bought and sold shares of the business. R Squared Ltd purchased a new stake in shares of Cricut in the fourth quarter valued at approximately $36,000. Copeland Capital Management LLC acquired a new stake in Cricut in the 4th quarter valued at $63,000. Drive Wealth Management LLC purchased a new stake in Cricut in the 4th quarter worth $64,000. Olympiad Research LP acquired a new position in Cricut during the fourth quarter worth $67,000. Finally, Caisse Des Depots ET Consignations purchased a new position in Cricut during the fourth quarter valued at $72,000. Hedge funds and other institutional investors own 19.60% of the company’s stock.

About Cricut

(Get Free Report)

Cricut, Inc engages in the design, marketing, and distribution of a creativity platform that enables users to turn ideas into professional-looking handmade goods. It operates through three segments: Connected Machines, Subscriptions, and Accessories and Materials. The company offers connected machines, design apps, and accessories and materials for users to create personalized birthday cards, mugs, T-shirts, and large-scale interior decorations.